Tropicana says 4Q net profit down 83% on absence of land disposals, closes FY21 in the red

Mar 09

KUALA LUMPUR (Feb 28): Property developer Tropicana Corp Bhd saw its net profit for the fourth quarter ended Dec 31, 2021 (4QFY21) drop by 83.

Sime Darby Property not ruling out REIT along transformation path

Mar 09

KUALA LUMPUR (Feb 25): Sime Darby Property Bhd said it does not rule out the possibility of establishing a real estate investment trust (REIT) “down the road” ahead as part of the group's transformation journey from a pure-play property developer into a real estate company.

UOA Development 4Q net profit more than doubles, proposes first and final dividend

Mar 09

KUALA LUMPUR (Feb 25): UOA Development Bhd's fourth quarter net profit more than doubled to RM98.

IJM Corp 3Q net profit down 33%, sees improvement in 4Q

Mar 09

KUALA LUMPUR (Feb 25): IJM Corp Bhd saw a 32.

Sime Darby Property reports full-year profit as new real estate sales tops target

Mar 09

KUALA LUMPUR (Feb 25): Sime Darby Property Bhd reported a full-year net profit of RM136.

Property Chat: Flawed demographic survey on proposed Residential Tenancy Act

Mar 02

The National Homebuyers Association (HBA) is calling out that the drafted laws of the proposed Residential Tenancy Act (RTA) draft have incomprehensible sections.

Matrix Concepts says 3Q profit up 16.7% q-o-q, pays 3.75 sen dividend

Mar 09

KUALA LUMPUR (Feb 24): Matrix Concepts Holdings Bhd registered a near 20% drop in net profit year-on-year (y-o-y) for the third quarter ended Dec 31, 2021 (3QFY22) to RM60.

E&O expects stronger quarters ahead after reversing losses in 3Q

Mar 09

KUALA LUMPUR (Feb 24): Having reversed losses in the third quarter, Eastern & Oriental Bhd (E&O) expects stronger earnings in the following quarters, supported by recognition of sales from new property launches in Penang and better contribution from its hospitality segment as the economy begins to recover from the Covid-19 pandemic.